Qualcomm sells L-Band spectrum to Vodafone, Three for massive profit

As we reported in June, Qualcomm has been looking to sell its 1452-1492MHz spectrum – and it seems it's found willing buyers in the form of Vodafone and Three. It's thought the two networks paid over £100m in total for the spectrum. The chip company rather lucked out, having paid £8.3m at auction in 2008. At the time we saw …

[ARGO]

>even if the frequency was baked into the chipset

Given who was selling the spectrum and who makes most chipsets for UK handsets, I suspect the operators may have something in the contract about that ....